HC grants bail to Sadeeq Agro chairman in money laundering case
A bench comprising Justice KM Zahid Sarwar and Justice Sheikh Abu Taher passed the order, finalising the rule related to his bail application, according to court sources.
The High Court today (23 April) granted bail to Imran Hossain, chairman of Sadeeq Agro, in a money laundering case following the disposal of a rule over his petition.
A bench comprising Justice KM Zahid Sarwar and Justice Sheikh Abu Taher passed the order, finalising the rule related to his bail application, according to court sources.
Lawyers representing Imran included Barrister AM Mahbub Uddin Khokon and Barrister Mahfuzur Rahman Milon, while Assistant Attorney General Md Al Amin represented the state.
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Imran was arrested by the Criminal Investigation Department (CID) from Dhaka on 3 March in 2025 in connection with a case alleging money laundering of Tk133 crore.
However, the charge sheet later mentioned allegations involving Tk1.33 crore.
Sadeeq Agro's chairman came into the public spotlight during the 2024 Eid-ul-Azha season after a viral incident involving the purchase of a "high-breed" goat worth Tk15 lakh (initial bid).
The incident drew widespread attention on social media after Mushfiqur Rahman alias Ifat, son of then NBR member Matiur Rahman, became associated with the purchase.
The Agro business also gained attention for selling cattle at premium prices. It had imported 18 Brahma breed cattle, which are restricted in the country.
The customs authorities had initially seized the cattle at the airport, but Department of Livestock Services later handed them over to Sadeeq Agro.
